What is price earnings ratio, Accounting Basics

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What is price earnings ratio

Problem:

Smolira golf has 10,000 shares of common stock outstanding and the market price for a share of stock at the end of 2010 was outstanding, and hte market price for a share of stock at the end of 2010 was 73.

Requirement:

Question 1: What is price earnings ratio?

Question 2: What is the price sales ratio?

Question 3: What are dividends per share?

Common stock and paid in surplus is 36,000

Note: Show supporting computations in good form.

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Accounting Basics: What is price earnings ratio

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Accounting Basics: What is price earnings ratio

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